The launching of the negotiations comes with a high degree of political risk for both South Korea and the United States. It comes as the US-South Korean alliance, while remaining very strong, has showed signs of fraying.
Kedah farmers have asked the government to explain the benefits that they could gain from the USA-Malaysia Free Trade Agreement (FTA) before it proceeds with discussions scheduled to be held on June 12 in Penang.
President Chen Shui-bian urged the US government Friday to sign a free trade agreement (FTA) with Taiwan, saying that an FTA would allow US agriculture and automobile exports to Taiwan to grow by 100 per cent.
South Korean activists have pledged to hold peaceful protests against a proposed South Korea-US free trade agreement (FTA) in Washington early next month. "We want to explain to American citizens why we oppose the FTA with the US."
The US government has confirmed that Bahrain is no longer part of an Arab boycott of Israeli products in line with its commitment to the bilateral Free Trade Agreement (FTA).
The US is a much better free-trade partner for Korea than China or Japan, where issues of race and historical animosities would make an agreement difficult, Korea's chief negotiator in free-trade talks with the US said Thursday.
The first draft statements of a free trade agreement exchanged by South Korea and the United States show "considerable differences" between the two sides, an agriculture ministry official said.
Washington's ambassador to Japan on Wednesday added his voice to those calling for closer economic integration between the world's two biggest economies, though he stopped short of formally proposing talks aimed at the conclusion of a bilateral trade agreement.
US labor groups will join forces with Korean counterparts for rallies in Washington early June against a proposed free trade agreement, the KCTU said yesterday.
The United States is ready to resume negotiations on a free trade agreement (FTA) with Thailand when the political situation here is clearer, US ambassador Ralph Boyce said yesterday. Washington cannot negotiate a deal with a caretaker government, he said.